Chapter 154: Acquisition of Canadian Solar Norway
Hongji Yuan has been distressed recently, on the one hand, Canadian Solar?? Norwegian brands are about to complete the last closed loop and are ready to launch the market and start the first step of the brand, so there are a lot of things involved in this, and it is relatively busy.
On the other hand, because of the issue of spending 5 million years to endorse 'Li Youqing', it aroused the opinions of the remaining two shareholders within the company.
For the shareholders' opposition to Hongji Yuan is actually very understandable, after all, Canadian Solar?? Norway's current financial situation is not very good, and a financial crisis can easily cause panic among material suppliers.
However, he didn't care much about this, after all, the company's financial situation was only known to a few of their shareholders and the financial manager, and the financial manager was his loyal subordinate, so it was impossible to leak the company's secrets. The Norwegian garment business is in good condition and is thriving.
The suppliers are also very relieved, and there is no opinion that the final payment will be delayed for a long time.
Because in the eyes of everyone, Canadian Solar?? The brand that Norwegian clothing has spent two years to build is about to go public, and it will rely on preliminary preparation and accurate positioning to quickly seize the domestic clothing market and quickly become a well-known brand in China.
Including Hongjiyuan himself, he thinks so.
This is thanks to his hard work in the past two years and a series of correct decisions.
Of course, Hongji never expected that the he blew out would soon be slapped in the face.
"Knock knock~"
In contemplation, there was a knock on the office door.
"Come in. ”
"Squeak~"
The door was opened, and the financial manager Xu Guoan walked in, and there was no nonsense, and he said directly: "Boss, there is a batch of suppliers who were originally planned to pay the balance of the due date, do you want to pay them?"
"How much?" Hongji Yuan asked.
Xu Guoan replied: "A total of nine and two million." ”
"Delay it for another three months. ”
Hongjiyuan thought about it and instructed.
Now the company is in financial difficulties, and if the final payment is paid, it is easy to have problems, after all, the company still needs funds to maintain its operation, and the wages of factory workers must also be paid.
"This money has already been delayed once, and if it is delayed again, I am afraid that those suppliers will inevitably have opinions in their hearts. Moreover, some suppliers are in financial difficulties and urgently need money. Xu Guoan said in a low voice.
It has become a phenomenon that the final payment of business cooperation is the most difficult to collect, but under normal circumstances, it will not be delayed for a long time, like this batch of arrears The final payment time has exceeded expectations.
"You tell them there's still two months left for Canadian Solar?? The Norwegian brand is about to go on the market, and there will be countless orders, and if they value a little bit of the final payment at the moment, then it will be difficult to cooperate later. ”
This kind of thing has to use your own advantages to buy a little time.
There is no way to do it, who makes the company's finances strained.
Only those suppliers can pay for him.
That's the way it is in business, there is no sympathy to speak of.
Xu Guoan nodded when he heard this, continued to report his work, and did not retreat until half an hour later, and closed the door by the way.
Six o'clock in the evening.
Xu Guoan walked out of the company's gate, took out his mobile phone and made a call.
"Brother Zuo, the boss really didn't agree to pay the final payment. Okay, I see. ”
Hanging up the phone, Xu Guoan pondered for a moment and began to contact the material supplier.
In the early morning of the next day, when Hongjiyuan drove to the gate of the factory, he found that the gate was fenced, and the material suppliers stood at the door and shouted.
At that moment, Hongjiyuan felt a sigh in his heart.
Something is wrong.
……
At the end of August, a piece of news quietly landed on the Internet.
The caption is #Canadian Solar?? Norwegian Apparel in Bankruptcy Crisis#
However, no one wants to pay attention to this kind of news, and it is quickly drowned in the sea of the Internet.
But for a lot and Canadian Solar?? Those who have a close interest in Norway have to pay attention.
First of all, Yihe Film and Television Entertainment, after learning about Canadian Solar?? After Norway clothing fell into a bankruptcy crisis, it immediately asked the other party to pay the endorsement fee as soon as possible, otherwise it would stop 'Li Youqing' from shooting endorsement advertisements.
This is a normal act of safeguarding one's own interests, and it is also appropriate to sign a contract and pay endorsement fees.
Available in Canadian Solar?? In Norway's eyes, this behavior is to add insult to injury.
Can you not give this money?
Definitely not.
As the last link of the brand plan, endorsement is a must be completed, so even if it is Canadian Solar?? Norway is in a difficult situation, but Hongjiyuan still paid the five million a year of endorsement fees.
But after paying the money, the final payment on the side of the material supplier cannot be paid.
When the suppliers saw that they couldn't get the final payment, the more they naturally decided that Canadian Solar?? There was an economic crisis in Norwegian clothing, and it began to increase its efforts, using various methods to find a way to get the balance back.
Followed by some for Canadian Solar?? Unfavorable news from Norway is also slowly coming out, mostly on the topic of 'the company is not operating well and is on the verge of bankruptcy'.
If it was in the past, you might have heard it.
But in this situation, even the employees of the factory are panicked, worried that they will not get paid, how can they make others feel at ease?
Coming and going, plus the material supplier has to pay the balance every day, the whole Canadian Solar?? Norway is in internal and external troubles, and its edifice is crumbling.
Hongjiyuan was also very helpless, so he could only bring the shareholders to discuss how to solve this problem, but he learned that the two shareholders planned to sell the Canadian Solar in their hands. Norway's shares, cashing out the news.
"Damn, are you sick, as long as we get through this crisis and wait until the brand is fully marketed, everything will be fine!"
In the face of the two co-founded Canadian Solar?? The shareholder of Norwegian clothing, Hongjiyuan, tried to persuade them not to sell their shares.
However, the company is in deep crisis and is in danger of going out of business at any time. In addition, the capital bid to enter the market from outside is exciting, and the share acquisition is promised at a premium of 1.5 times.
With a two-year investment and a 150% return, there is no reason not to sell at this price.
Therefore, Hongjiyuan did not dissuade shareholders from selling their shares, but on the contrary, they also received 'advice' from shareholders.
"Brother Yuan, brother, I advise you to cash out your shares as soon as you have the capital to enter the market. ”
"Yes, the premium of 1.5 times is also a big profit for us. ”
In this regard, Hongjiyuan could only shake his head and let the shareholders sell their shares.
Three days later, Canadian Solar?? The shareholders of Norwegian Apparel have changed.
The original two shareholders cashed out and left, and New Capital Erjing Investment and Beiliang Investment entered the market, holding 25% and 24% of the shares respectively.
The number of shareholders has changed, but the people who hold shares have changed.
On the first day of capital entry, he approached Hongjiyuan to ask about the current problem of solving the company's dilemma, and proposed to help the company tide over the difficulties by injecting capital and increasing shareholdings.
The so-called capital injection to increase the shareholding is to continue to invest additional capital, and then increase its own shares in the company in proportion to it, while weakening the shares of other shareholders.
Naturally, Hongjiyuan couldn't accept this way, because he had to ensure that he could master Canadian Solar. Norwegian clothing has the right to speak, so he rejected the proposal of the new shareholder.
Rejection is rejection, and the dilemma still has to be solved.
"Guoan, what does the bank say? Can you make a mortgage? ”
Hongjiyuan approached Xu Guoan, the financial manager, to inquire about the latest development.
Finding a bank loan is the solution he came up with to solve the problem, as long as the bank is willing to lend to Canadian Solar?? Norwegian clothing, the current dilemma can be solved.
Xu Guoan shook his head and replied: "The four major banks have all contacted, and they have a high risk assessment of our company and rejected our loan needs. ”
Hongjiyuan frowned, looking at the crowded material suppliers outside the factory, his heart was full of heaviness.
If there is no financial crisis this time, the supplier is not in a hurry to recover the final payment, he is actually very confident that Canadian Solar?? Norway is a brand that leads the way to the market and occupies a place in the luxury brand.
But now......
"Boss, I actually think we can try to raise some of the funds to tide over this difficult time. "Looking at the back of the boss, Xu Guoan, a 'loyal' subordinate, proposed.
Hongjiyuan shook his head and said: "Erjing Investment and Beiliang Investment suddenly entered the game, which makes me a little worried about the purpose behind them. ”
"Capital is nothing more than greed for profit, these two companies know that we Canadian Solar?? Norway's prospects, so it's normal to want to get in at a crucial moment. Xu Guoan analyzed.
"I'm afraid they want more than just a piece of the ......"
Hongjiyuan sighed and said a little helplessly.
Is he in Canadian Solar?? Norwegian Apparel only owns 51% of the shares, and if it does choose financing, these shares will inevitably be diluted.
If the stake is less than 50%, the uncertainty that may arise is too great.
"We don't want to buy shares from the two companies!" Xu Guoan slowly walked behind the boss, looked at the situation outside, and said: "As long as we find another shareholder who supports the boss to enter the market, and dilute the shares of the three parties at the same time, the company will still be in your hands at that time." ”
Hongjiyuan thought it made sense when he heard it, but who could he find to enter the venue? and it had to be someone he trusted.
Seeing this, Xu Guoan whispered, "Does the boss believe me?"
Hongjiyuan smiled when he heard this, and replied: "If it weren't for you, I would have lost my family in Ancheng at the beginning, how could I not believe you." Say, what can you do. ”
Xu Guoan scratched his head and replied: "I have a friend who has a good game, and she just has a little spare money in her hand and wants to invest something." If the boss thinks it's okay, we can let her personally invest in shares and eat some dividends, which can also solve the current dilemma. ”
"Is your friend reliable?" asked Hongjiyuan thoughtfully.
"Definitely reliable, rich second generation, I used to mix in An'er Street for a while. Xu Guoan swore and promised.
Hongjiyuan thought for a while when he heard this, and said in a deep voice: "You can meet first and have a chat." ”
"No problem, boss, when do you think it's appropriate?"
"The situation is urgent, tonight, I'll treat her to dinner. ”
"Good. ”
vertex